Barksdale Mortgage Rates, Fees & Info

Bossier City, LA

LEI: 549300MVSM4XYFQL3X62

Tax ID: 72-0475038

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Barksdale is a smaller mortgage company specializing in Home Improvement and Home Purchase loans. Barksdale has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Shreveport, Fort Polk South, Alexandria, Deridder, and Longview among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Barksdale has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Barksdale is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 4.46% 12/16/24
    30 Year Conventional Purchase 6.76% 12/16/24
    30 Year Conventional Refi 6.50% 12/16/24
    30 Year Cash-out Refi 6.59% 12/16/24
    30 Year FHA Purchase 7.78% 12/16/24
    30 Year FHA Refi 7.54% 12/16/24
    30 Year VA Purchase 6.58% 12/16/24
    30 Year VA Refi 6.27% 12/16/24
    15 Year Conventional Purchase 7.13% 12/16/24
    15 Year Conventional Refi 7.83% 12/16/24
    15 Year Cash-out Refi 7.83% 12/16/24
    15 Year FHA Purchase 7.63% 12/16/24
    15 Year FHA Refi 8.48% 12/16/24
    15 Year VA Purchase 5.68% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Barksdale Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Barksdale. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    573

    Origination Dollar Volume (All Markets)

    $67,755,000
    Show all (7) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 355 $41,355,000 $116,493 $3,177 5.02%
    Outside of Metro Areas 57 $7,615,000 $133,596 $3,949 5.22%
    Fort Polk South, LA (FHA|USDA|VA) 48 $5,310,000 $110,625 $3,895 4.62%
    ALEXANDRIA, LA (FHA|USDA|VA) 32 $3,660,000 $114,375 $3,141 5.10%
    DeRidder, LA (FHA|USDA|VA) 22 $1,530,000 $69,545 $1,535 5.23%
    LONGVIEW, TX (FHA|USDA|VA) 7 $1,455,000 $207,857 $5,515 4.59%
    LAKE CHARLES, LA (FHA|USDA|VA) 5 $1,135,000 $227,000 $4,159 5.28%
    Minden, LA (FHA|USDA|VA) 13 $1,015,000 $78,077 $2,266 4.84%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $940,000 $470,000 $11,931 4.06%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 9 $885,000 $98,333 $2,658 5.42%
    Natchitoches, LA (FHA|USDA|VA) 5 $725,000 $145,000 $5,096 5.48%
    MONROE, LA (FHA|USDA|VA) 4 $450,000 $112,500 $1,621 5.63%
    LAFAYETTE, LA (FHA|USDA|VA) 3 $345,000 $115,000 $5,275 5.25%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $245,000 $245,000 $5,402 6.25%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $220,000 $110,000 $4,110 5.00%
    ABILENE, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,855 5.63%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $165,000 $165,000 $1,392 3.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $145,000 $145,000 $6,003 5.38%
    Ruston, LA (FHA|USDA|VA) 1 $135,000 $135,000 $3,972 4.63%
    HOT SPRINGS, AR (FHA|USDA|VA) 2 $120,000 $60,000 $2,299 8.91%
    Searcy, AR (FHA|USDA|VA) 1 $85,000 $85,000 $2,319 4.64%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $45,000 $45,000 $3,093 5.50%
    Barksdale's top markets include Shreveport, Fort Polk South, Alexandria, Deridder, and Longview among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against BARKSDALE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Bossier Federal Credit Union
    Similarity Rank: 19
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 128
    The Evangeline Bank & Trust Company
    Similarity Rank: 210
    Campus Federal Credit Union
    Similarity Rank: 360
    Sabine State Bank and Trust Company
    Similarity Rank: 432
    ANECA Federal Credit Union
    Similarity Rank: 682
    TIB The Independent Bankersbank
    Similarity Rank: 702
    Citizens National Bank, N.A.
    Similarity Rank: 902
    STANDARD MORTGAGE CORPORATION
    Similarity Rank: 989
    BARKSDALE
    Similarity Rank: 990

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 348 $48,940,000 $140,632 $2,956 5.47%
    HELOC 183 $11,345,000 $61,995 n/a 4.36%
    FHA 23 $3,295,000 $143,261 $6,403 4.41%
    VA 19 $4,175,000 $219,737 $5,754 4.51%

    For 2022, Barksdale's most frequently originated type of loan was Conventional, with 348 originations. Their 2nd most popular type was HELOC, with 183 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 204 $13,890,000 $68,088 $1,288 4.82%
    Home Purchase 159 $27,555,000 $173,302 $4,864 4.92%
    Cash Out Refi 91 $10,675,000 $117,308 $2,609 5.13%
    Refi 90 $13,500,000 $150,000 $3,313 5.16%
    Other 29 $2,135,000 $73,621 $1,057 6.60%

    For 2022, Barksdale's most frequently cited loan purpose was Home Improvement, with 204 originations. The 2nd most popular reason was Home Purchase, with 159 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 233 $15,635,000 $67,103 $1,598 4.41%
    30 Year 172 $36,960,000 $214,884 $5,319 4.84%
    15 Year 105 $8,055,000 $76,714 $1,006 6.55%
    5 Year 30 $3,380,000 $112,667 $3,716 5.46%
    Other 16 $1,640,000 $102,500 $2,565 5.32%
    10 Year 9 $595,000 $66,111 $1,969 4.31%
    3 Year 8 $1,490,000 $186,250 $0 6.59%

    For 2022, Barksdale's most frequently cited loan duration was 20 Year, with 233 originations. The 2nd most popular length was 30 Year, with 172 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 124 $8,610,000 $69,435
    $1k-2k 96 $13,750,000 $143,229
    $2k-3k 41 $9,725,000 $237,195
    $3k-4k 21 $7,065,000 $336,429
    $4k-5k 9 $3,715,000 $412,778
    $5k+ 9 $5,375,000 $597,222

    Barksdale's average total fees were $5,319, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 124 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 198 $22,950,000 $115,909
    5-6% 154 $20,240,000 $131,429
    4-5% 112 $13,250,000 $118,304
    6-7% 42 $5,070,000 $120,714
    7-8% 32 $3,090,000 $96,563
    Over 8% 22 $1,340,000 $60,909
    2.5-3% 11 $1,625,000 $147,727
    <2.5% 2 $190,000 $95,000

    During 2022, Barksdale's average interest rate for loans was 4.84%, while their most frequently originated rate bucket for loans was 3-4%, with 198 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 367 $21,735,000 $59,223 $1,047 5.17%
    $100k-200k 115 $16,205,000 $140,913 $3,943 4.78%
    $200k-400k 73 $19,995,000 $273,904 $6,267 4.93%
    $400k-600k 11 $5,185,000 $471,364 $9,110 4.61%
    $600k-1MM 7 $4,635,000 $662,143 $11,054 4.38%

    2022 saw Barksdale place emphasis on $100,000 or less loans with 367 originations, totaling $21,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 148 $18,980,000 $128,243 $3,391 5.05%
    $50k-75k 132 $13,500,000 $102,273 $3,427 4.92%
    $75k-100k 107 $10,975,000 $102,570 $3,036 5.34%
    $150k-250k 93 $15,825,000 $170,161 $4,366 4.86%
    $50k or less 74 $5,700,000 $77,027 $2,621 4.97%
    $250k+ 14 $2,420,000 $172,857 $5,223 4.71%

    Barksdale lent most frequently to those with incomes in the $100k-150k range, with 148 originations. The second most popular income band? $50k-75k, with 132 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 119 $15,425,000 $129,622 $3,604 4.76%
    20-30% 102 $11,440,000 $112,157 $3,614 4.71%
    42% 46 $4,920,000 $106,957 $2,114 5.41%
    <20% 34 $3,780,000 $111,176 $3,260 5.60%
    40% 34 $3,630,000 $106,765 $3,752 4.75%
    37% 28 $2,750,000 $98,214 $4,191 4.90%
    44% 28 $3,490,000 $124,643 $3,196 5.47%
    43% 27 $3,135,000 $116,111 $3,479 4.61%
    39% 24 $2,450,000 $102,083 $2,920 5.44%
    41% 23 $2,645,000 $115,000 $2,502 5.30%
    38% 23 $1,975,000 $85,870 $2,246 5.18%
    36% 18 $2,650,000 $147,222 $4,187 4.92%
    45% 7 $1,055,000 $150,714 $3,811 5.34%
    >60% 4 $390,000 $97,500 $1,993 5.48%
    48% 3 $685,000 $228,333 $6,734 5.25%
    46% 2 $600,000 $300,000 $3,095 5.19%
    47% 1 $415,000 $415,000 $7,230 3.13%
    49% 1 $185,000 $185,000 $4,328 5.13%

    Barksdale lent most frequently to those with DTI ratios of 30-36%, with 119 originations. The next most common DTI ratio? 20-30%, with 102 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 456 $53,930,000 $118,268 $3,232 5.14%
    Black 102 $12,040,000 $118,039 $3,815 4.66%
    Asian 8 $930,000 $116,250 $3,190 5.52%
    Not provided 5 $705,000 $141,000 $5,354 3.88%
    American Indian 1 $95,000 $95,000 $4,902 3.38%
    Native Hawaiian or Islander 1 $55,000 $55,000 $0 4.00%

    Approval Rates

    Total approvals of all applications
    67.45%

    Barksdale has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    10.65%

    Barksdale has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 573 $67,755,000 $118,246

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    573 $67,755,000 $118,246

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 140 $9,880,000 $70,571 $578 5.46%
    40-60% 39 $4,845,000 $124,231 $3,414 4.74%
    60-80% 73 $11,405,000 $156,233 $4,173 4.60%
    80-100% 140 $29,780,000 $212,714 $5,412 4.76%
    Under 20% 139 $6,625,000 $47,662 $197 5.06%